Monday, 05 December 2011 10:46

NEW YORK- The World Diamond Council expresses its regret at the announcement by Global Witness that it is leaving the Kimberley Process, and calls upon the organization's leadership to reconsider its position.


The World Diamond Council has always felt that progress in the campaign to end the trade in conflict diamonds will come through dialogue and engagement, and in this respect feels that the decision by Global Witness to walk away from the table will be counterproductive.





Thursday, 17 November 2011 10:49

WASHINGTON, D.C. – Representatives of the U.S. Department of State and the European Union met informally today with leaders of the international diamond and jewelry sectors at the State Department, in Washington, D.C., to discuss the state of engagement between governments and the diamond and jewelry industries moving forward.


The meeting was arranged at the invitation of Assistant Secretary of State for Economic and Business Affairs Jose W. Fernandez, who led the U.S. Government delegation during the discussion. The EU delegation was led by Genoveva Ruiz-Calavera, Head of the Unit for Crisis Response and Peace Building of the European Commission. The group of diamond and jewelry industry leaders was led by Eli Izhakoff, President of the World Diamond Council.



Wednesday, 16 November 2011 10:51

NEW YORK - The World Diamond Council has announced that its 8th Annual Meeting will take place May 13-14, 2012, in the northern Italian jewelry center of Vicenza. Hosting the event will be Fiera di Vicenza, one of Italy's leading trade fair operators.


"With the agreement on Marange at the Kimberley Process Plenary Meeting in Kinshasa last month, the way is now open to tackle some of the other pressing matters on the agenda," said Eli Izhakoff, WDC President. "These will be discussed at length at our Annual Meeting, including the issue of reforming the KP structure, of which the WDC has been a keen proponent. We are most grateful to Fiera di Vicenza for its gracious offer to host the event, and for enabling us to defend the integrity and reputation of the diamond and our industry."



Thursday, 03 November 2011 10:54

KINSHASA, DRC - The World Diamond Council has welcomed the historic success of the Kimberley Process plenary in Kinshasa, Democratic Republic of Congo, November 1-3, 2011, as a result of the leadership of Mathieu Yamba.


The agreements approved and adopted by the KP on Marange, as well as on other important issues, including measures on reform, exhibit beyond doubt that the Kimberley Process is effective, resilient and viable. The diamond industry is pleased with the continuing progress of the KP and we welcome the decision of the United States and South Africa to work together to provide leadership for the next two years, with the United States serving as KP Chair in 2012 and South Africa as Vice Chair, and South Africa becoming KP Chair in 2013.




Tuesday, 01 November 2011 10:55

KINSHASA, DRC – The World Diamond Council has welcomed the agreement ratified today by the members of the Kimberley Process at organization’s Plenary Meeting in Kinshasa, Democratic Republic of Congo (DRC). The agreement will enable the immediate export of rough diamonds from two KP-compliant operations in the Marange region, as well as exports from other mining operations in the area following the KP Monitoring Team’s verification of compliance.


“This is a real milestone, and demonstrates categorically that the Kimberley Process provides the framework through which the integrity of the rough diamond chain of distribution can be protected, while at the same time enabling producing countries gain benefit from their natural resources,” said Eli Izhakoff, President of the World Diamond Council, at the meeting in Kinshasa.




Monday, 31 October 2011 10:57

KINSHASA, DRC - Speaking during the opening session of the 2011 Plenary Meeting of the Kimberley Process, which began an this morning in Kinshasa, capital of the Democratic Republic of Congo, Eli Izhakoff, President of the World Diamond Council, noted that meaningful progress has been made in recent weeks toward agreement on exports from the Marange diamond fields in Zimbabwe, and he urged the forum to move forward with a renewed sense of urgency.






Sunday, 26 June 2011 11:02

NEW YORK: The World Diamond Council has expressed its regret about the inconclusive end to the Kimberley Process Intersessional Meeting in Kinshasa. Emphasizing the necessity of a robust Kimberley Process in which all rules and procedures are clearly understood and implemented by all member nations, the WDC has called on all parties to renew efforts to reach agreement over the future of exports from Zimbabwe’s Marange region.


In the meantime, The WDC urges all members of the trade to deal only in rough diamonds that are accompanied by KP certificates that comply with the consensus decisions of the Kimberley Process.




Monday, 20 June 2011 14:19

Describing the current period as one of the most difficult in the history of the Kimberley Process, World Diamond Council President Eli Izhakoff has urged all KP participants to correct past mistakes and to return to the core principles that characterized the Kimberley Process when it was established. Speaking to the KP Intersessional Meeting taking place in Kinshasa. Mr. Izhakoff said that the system is about "humanity, not politics." The following is the full text of his address:


Ladies and gentleman, It is both a privilege and a honor to join with all of you in Kinshasa today, for a meeting that I believe will be critical to the future of this important enterprise.



Monday, 06 June 2011 14:22

LAS VEGAS, USA: JUNE 6, 2011 – Speaking at a public meeting organised in Las Vegas by the World Diamond Council, leaders of the diamond and jewellery industries and representatives of civil society and government have underscored the importance of maintaining a sturdy Kimberley Process, and stressed that the system remains relevant to the diamond industry despite the challenges that it faces.


The panel presentation, called "Diamond Dialogue: The Challenges of a Robust Kimberly Process," took place at the Mandalay Bay Convention Center in Las Vegas the day before the start of the JCK Show. Discussion covered a wide range of issues, including the current state of the Kimberley Process ongoing negotiations to resolving the issue of exports from Zimbabwe's Marange region.


Tuesday, 17 May 2011 14:25

NEW YORK: MAY 17, 2011 - The World Diamond Council is inviting participants at the JCK Show in Las Vegas to a panel presentation, during which a briefing will be provided on the efforts underway to resolve current challenges to the Kimberley Process. The event also will cover the implementation of the WDC's System of Warranties.


The panel presentation, which is entitled "Diamond Dialogue: The Challenges of a Robust Kimberly Process," will take place on Thursday, June 2, 1:30 P.M.-2:45 P.M., in the Tradewinds AB room at the Mandalay Bay Convention Center.



Tuesday, 22 March 2011 14:26

NEW YORK: As has been widely reported, Mr. Mathieu Yamba, Chair of the Kimberley Process, recently issued a statement that defers discussion on unresolved issues to the Working Group on Monitoring, but in the meantime permits Zimbabwe to export rough diamond shipments from the two official concessions in the Marange region, subject to oversight by the appointed Monitor.


The WDC understands that a number of KP participant countries, including the United States, Canada, Israel and the European Union are seeking clarity on procedural issues surrounding this release and have indicated that exports should not be permitted until these issues have been explained and resolved.


Monday, 24 January 2011 14:28

NEW YORK: The Board of Directors of the World Diamond Council accepted today two new directors into its ranks. They are Ari Epstein, CEO of the Antwerp World Diamond Centre (AWDC), and Mark Jenkins, Group Company Secretary of Signet Jewelers Limited.


Gathering for its first meeting in 2011, the WDC Board appointed Mr. Epstein to the seat vacated by Freddy J. Hanard, who retired as CEO of the AWDC at the end of 2010, and appointed Mr. Jenkins to the seat vacated by Terry Burman, who will be retiring as Signet’s Group CEO on January 29.